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Dec 29, 2012
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of the year, but the eu faces problems in 2013 as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders. >> without this, greece would certainly have gone bankrupt, but it still a long way from clear that the bailout and the reforms they are tied to will get the economy back on the road to recovery. >> meanwhile, the suffering continues for the greek people. the situation is especially dire in rural villages. >> we are on our way to a village on the border with bulgaria. most of the village's 500 inhabitants are muslim -- a minority in the orthodox christian country. the village also claims the dubious distinction of being the poorest village in greece, with an average income of roughly 6000 euros a year. >> everything is being cut. i am ge
of the year, but the eu faces problems in 2013 as well -- a new election in italy could put silvio berlusconi back in power, and france's francois hollande has to tackle urgent issues at home, so there is plenty of work for europ's firefighters next year. >> the past year, we have often brought you images of very angry protests in greece that were mostly against the harsh austerity measures imposed by the government in return for a bailout funds from lenders. >> without this, greece...
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Dec 11, 2012
12/12
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berlusconi has announced he's creating a new center right grouping. meanwhile, mario monti has been accused oversimplifying solutions during the fiscal crisis. carolin is joining us now from rome. do we expect more of this rhetoric today? >> oh, definitely. not just today, but specifically over two months. elections will only be held probably on february 24th. we've got about two months of the silly campaigning season to follow. so yes, as you said, the verbal exchange is definitely heating up. it started with mr. monti's response criticism coming from officials about his renewed request for the prime minister post yesterday. he said this criticism was out of place. it was offensive not just for him, but also for all of the people in italy who have the freedom to vote. this morning, he did an interview with one of the channels here in italy and he said, i don't really care about this spread because the spread is based on fraud. that's the direct translation. meanwhile, if you take a look at the spread, they are moving higher again. 4.9%. italian equit
berlusconi has announced he's creating a new center right grouping. meanwhile, mario monti has been accused oversimplifying solutions during the fiscal crisis. carolin is joining us now from rome. do we expect more of this rhetoric today? >> oh, definitely. not just today, but specifically over two months. elections will only be held probably on february 24th. we've got about two months of the silly campaigning season to follow. so yes, as you said, the verbal exchange is definitely...
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Dec 7, 2012
12/12
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berlusconi's party taken back support from the current government. but could this mean the return of the former prime minister to politics. we'll get more from our correspondent. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. >>> earthquake strikes the northeast coast of japan producing a meter high tsunami. sandy expected to make its presence felt again as november payrolls look set to fall. but bundesbank warns of an imminent recession in germany. italian president suggesting there is no political crisis this italy, trying to reassure investors after the party led by berlusconi has withdrawn support for the m
berlusconi's party taken back support from the current government. but could this mean the return of the former prime minister to politics. we'll get more from our correspondent. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪...
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Dec 11, 2012
12/12
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more because this idiot berlusconi is around. i hope it's a good smashed in the face. -- i hope he gets a good smash in the face. >> but berlusconi is a formidable campaigner. he will tell people that he will ease their economic agony. he will cut their taxes. some, at least, will like the sound of that. >> modern technology has given us medical advances once never imagined. britain is starting an ambitious new project. 100,000 patients with serious diseases are going to have their dna fully ampped in the hope that will help doctors develop new treatments. it is the first country to launch such an extensive database. our correspondent has the details. >> cancer happens when our dna mutates and our normal cells grow unchecked. mapping the mutations that drive cancer is already happening. for the first time, it will be offered to huge numbers of patients. who will carry out the sequencing and analysis over the next five years has not been worked out, but the prime minister on a visit to cambridge said the project has the potential
more because this idiot berlusconi is around. i hope it's a good smashed in the face. -- i hope he gets a good smash in the face. >> but berlusconi is a formidable campaigner. he will tell people that he will ease their economic agony. he will cut their taxes. some, at least, will like the sound of that. >> modern technology has given us medical advances once never imagined. britain is starting an ambitious new project. 100,000 patients with serious diseases are going to have their...
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Dec 10, 2012
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berlusconi is usually telling people. they know these are just lies. >> coming back to bersani, you say that he will stick with the austerity drive. i'm wondering because marto monti's popularity has suffered over the last couple of weeks because the italian population is feeling the pain of austerity. will he have to backtrack somewhat on how harsh these austerity measures are going to be? >> the decreasing popularity of mr. monti is probably related to the fact that just in the last few weeks, people in italy had to pay for the first time a new tax on their home. obviously, particularly on the so-called first house is something that the italians were not used to in the last few years, but is something that is familiar to americans or to other people in northern europe. and, obviously, this particular time, we need to understand that the time is the time of the most severe crisis after 1930s. and we need to work in a direction where obviously we will have more taxation, but only through that direction we will get to a po
berlusconi is usually telling people. they know these are just lies. >> coming back to bersani, you say that he will stick with the austerity drive. i'm wondering because marto monti's popularity has suffered over the last couple of weeks because the italian population is feeling the pain of austerity. will he have to backtrack somewhat on how harsh these austerity measures are going to be? >> the decreasing popularity of mr. monti is probably related to the fact that just in the...
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Dec 23, 2012
12/12
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mario monti was talking about silvio berlusconi's ideas. it would be wonderful if the things could be scrapped. he has come out with popular statements that we will scrap what monti has done. monti has said it is not possible because italy needs the money. he is laying out an agenda. he was still doing it and will live. they are things he hopes will take place next february. we do not know what party will play in the government. he has not announced who will run as. mr.. will he play any part in the next government? will he allow them to use his name? we do not know yet. we will listen. >> the vote is over but not the controversy. the muslim brotherhood says the people who voted in favor of the new constitution. official results will not be known until a released monday. the draft constitution would represent a significant political -- tryout -- triumph for morsi. >> this result will not help healing any rifts between the opposition and president. the onus will be on the leadership of both sides to show some sense of compromise. 30% turnout
mario monti was talking about silvio berlusconi's ideas. it would be wonderful if the things could be scrapped. he has come out with popular statements that we will scrap what monti has done. monti has said it is not possible because italy needs the money. he is laying out an agenda. he was still doing it and will live. they are things he hopes will take place next february. we do not know what party will play in the government. he has not announced who will run as. mr.. will he play any part...
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Dec 24, 2012
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. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and the s&p 500 being called down by a bybit, as well. we saw markets coming off on friday stateside. pretty significant drops, as well, given that we now seem to be a clashing of heads between the republicans and the democrats in regards to moving forward on the fiscal cliff issue. it does see
. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you...
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Dec 12, 2012
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berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely detached from the real economy. the spread is mental hallucination created by speculation in the banking sector because half of the italian debt is owned by foreign banks. these banks try to get high rate in order to earn more. so we are a victim of banking speculation, of both foreign and domestic banks. we shall detach from the real economy. we need to stop this vicious cycle of debt that is strangling us. >> reporter: many would argue it's the right time for mario monty to leave the political scene. would you agree? >> translator: he needs to disappear. he was, as the americans say, a bluff, a bubble, a bankruptcy curator. our country went bankrupt last year. half of the debt was in french and german banks. had we gone bankrupt last year, europe would have ended. so they sent in monty to manage the situation in order for the german and french banks to get their money back. the ucb printed out
berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely detached from the real economy. the spread is mental hallucination created by speculation in the banking sector because half of the italian debt is owned by foreign banks. these banks try to get high rate in order to earn more. so we are a victim of banking speculation, of both foreign and domestic banks. we shall detach from the...
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Dec 9, 2012
12/12
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in october, a milan court sentenced berlusconi to four years in prison for tax evasion. he faces trial on charges that he hired an underage prostitute and then tried to use his political connections to get her out of jail when she was accused of theft. >> still ahead. three stockton women demanding an apology. after finding an offensive remark on their dinner check. >> and the creepy crawly discovery in books at a library in washington state. >> three friends out to eat at the cameo club casino in stockton were shocked when they got their bill. and saw the word "fat girls". written on the recipt. immediately the women brought the check up to a manager. the manager tried to remedy the situation by offering them 50 percent off. but they say that isn't enough. >> i still cannot believe it, it was just over and over again. that is something that we cannot change. >> the man responsible for the words winding up on the check. was already off work by the time the womennow he is suspended while the casino reviews the incident. >> conventional wisdom says that bed bugs are found
in october, a milan court sentenced berlusconi to four years in prison for tax evasion. he faces trial on charges that he hired an underage prostitute and then tried to use his political connections to get her out of jail when she was accused of theft. >> still ahead. three stockton women demanding an apology. after finding an offensive remark on their dinner check. >> and the creepy crawly discovery in books at a library in washington state. >> three friends out to eat at the...
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Dec 28, 2012
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it's not like berlusconi has a record of fiscal spending. >> no. but i guess also the times were different. >> the times were different but the interest rate was slightly higher than it is now. but the primary surplus of the country ran over that period which was an acceptable 3% on average is already right now reached once again. so all the parameters are in the right place and the only thing the next government needs to do is actually nothing. if it does nothing, if it doesn't reverse the reforms -- >> what's interesting is what berlusconi is campaigning on is austerity. he's running on an ant anti-austerity pro eu package. while it's untenable, it does have a certain amount of certainly backtracking the fiscal returns for them. >> exactly. this property tax, i think that's a cause for concern. if you were to repeal that, the fiscal position on would be unsustainable and he would have to raise taxes elsewhere to make up for that. that would be some messy negotiations with him on a european level. markets would be very concerned already heading in
it's not like berlusconi has a record of fiscal spending. >> no. but i guess also the times were different. >> the times were different but the interest rate was slightly higher than it is now. but the primary surplus of the country ran over that period which was an acceptable 3% on average is already right now reached once again. so all the parameters are in the right place and the only thing the next government needs to do is actually nothing. if it does nothing, if it doesn't...
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monti says he's lost the backing he needs to do the job after berlusconi's party withdrew its support some known whether monti will run again but those county has put himself forward for the post he's already held three times in the boarded up with. delays long running street battles over education reform have seen more trouble in the capital hundreds of students have again clashed with police in what's been more than a year and a half of progress leaders of the movement say they are fed up with low standards at private universities the students want to major victory two days ago when chile's justice minister ties to one of the colleges was forced to resign over a corruption scandal there. a space capsule carrying three astronauts has successfully docked with the international space station it took two days for the craft to make it into position four hundred and ten kilometers above the earth the russian canadian and american crew have joined up with three others already at the station where they'll stay until march the rocket blasted off on wednesday from the baikonur cosmodrome in c
monti says he's lost the backing he needs to do the job after berlusconi's party withdrew its support some known whether monti will run again but those county has put himself forward for the post he's already held three times in the boarded up with. delays long running street battles over education reform have seen more trouble in the capital hundreds of students have again clashed with police in what's been more than a year and a half of progress leaders of the movement say they are fed up...
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that's because berlusconi. it's been said a couple things this morning, that italy is now the problem child in europe, more than greece, more than spain. but conversely, china, if gdp is coming back, they are in what many consider to be a sweet spot. >> the numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we knew that monti was successful. >> it may be whoever follows him is going to roll some of the gains that he's had. so-called gains. >> that's going to cause ripples here. look, on saturday night, i said, we're going to have a nice opening. china's good, people know that monti is not really goin
that's because berlusconi. it's been said a couple things this morning, that italy is now the problem child in europe, more than greece, more than spain. but conversely, china, if gdp is coming back, they are in what many consider to be a sweet spot. >> the numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be...
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Dec 13, 2012
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we know the sell-off that we saw on monday and the monte/berlusconi news, now berlusconi might be indicating willingness to let monti govern. the xetra dax is lower this morning. the ftse 100, too, down about 0.2% respectively. take a look at the bond curve. spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we get the results later today. we are seeing green across the board, so yields dipping before that probably has more to do with the political rhetoric we're seeing especially coming from berlusconi. under 4.6% for the ten-year and on the short and two, a bit of a rally. finally, let's close taking a look at the forex. euro/dollar is weaker. and it's holding just above 1.30. and the dollar/yen, this is the one sixuan mentioned to watch. heading into japanese elections, stocks outperform adding oots .1% to 83.35 this morning. >>> south korea's central bank may be worried about factors in the economy, but the
we know the sell-off that we saw on monday and the monte/berlusconi news, now berlusconi might be indicating willingness to let monti govern. the xetra dax is lower this morning. the ftse 100, too, down about 0.2% respectively. take a look at the bond curve. spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we...
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italy's technocrat prime minister mario monti has announced his plans to leave but former pm silvio berlusconi has thrown his hat into the ring too again after he withdrew his party's support for the government earlier monti says he'll go after next year's budget is passed which could see an election therefore in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier creditors agreed to prop greece up with another forty four billion euros greek attorney george can trigger law spoke to me he believes real solutions though are still a long way off. so most guys move it into stone walling says listen you soon. it's but unfortunately. no in doing that and view it in that there's an easy. comes from just that you're going to example you're going to be the only of the national motto fund because according to that as a stoner without a huge hero but of course it's really easy for mrs mchugh to so such a quality. german bacterias so we're going to go this simple are you serious or usual more
italy's technocrat prime minister mario monti has announced his plans to leave but former pm silvio berlusconi has thrown his hat into the ring too again after he withdrew his party's support for the government earlier monti says he'll go after next year's budget is passed which could see an election therefore in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier creditors agreed...
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Dec 24, 2012
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berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for him, so that way the left does not control italy. >> he could not get 40%, could he? or could he? >> i don't know if he could get 40%. he thinks he can get more than anybody else. >> really? >> yes. >> now the question is, 40% isn't enough once you're in a parliament, right, because of a parliamentary system and two other parties that used to support him no longer do. it's not clear what they would ultimately do, would they really link to the left? it's hard to say. more than italy, remember, they would never agree with this, but they're far more dramatic than southern italy. >> as someone that just likes global politics, i like him. >> oh, he's so fun. >> on the world stage. >> he was sentenced to priso
berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for him, so that way the left does not control italy. >> he could not get 40%, could he? or could he? >> i don't know if he could get 40%. he thinks he can get...
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Dec 10, 2012
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berlusconi announced he would run again for prime minister. in a newspaper interview, the head of the euro bailout fund said that could mean more financial trouble ahead for italy and for the eurozone. italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next government would remain committed to the next reforms -- italy's's next government would remain committed to the end -- italy's next government would remain committed to the reforms. >> our correspondents and does this report from the frankfurt stock exchange -- our correspondent sent us this report from the frankfurt stock exchange. >> traders have been disappointed. they have to wait another day until they get to know the outcome of the greek program. uncertainty always drags down shares, not only of traders -- if traders and investors look at greece today are
berlusconi announced he would run again for prime minister. in a newspaper interview, the head of the euro bailout fund said that could mean more financial trouble ahead for italy and for the eurozone. italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next...
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markets after italy's technocrat prime minister mario monti announced his plans to leave before silvio berlusconi has thrown his hat into the ring again after he withdrew his party support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's credit is a greater profit out with another forty four billion euros greek attorney and georgia culture garson means real solutions to a long way off so most cause me to stone walling says listen. but unfortunately. it isn't easy to. control just that you go to example even to the. national military fund. but of course it's real easy for you to so such a. german taxpayers so. this simple you serious are usually more of more cell phone for people with. such. well is the e.u. pursuing the goal of united europe at the expense of individual nations that issue take center stage in the latest edition of people of l's cross-talk in just a
markets after italy's technocrat prime minister mario monti announced his plans to leave before silvio berlusconi has thrown his hat into the ring again after he withdrew his party support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's credit is a greater profit...
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i'm ready to step back in leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of the. money people in europe are sharing the same christmas wish they see here and then to the blog suffocating austerity drive and later this hour we'll take a closer look at the massive crowd size there have been raging across europe in our special end of year the trap plan. so when the first of season gets out of hand it can only spell trouble for the already overstretched u.k. emergency services that flight. earlier this year also reported on the case of a british somali man who had his u.k. citizenship revoked while visiting somalia and following bant a man he heard she went missing and as aussies going there to check out reports only to appear months later in a new york courtroom charged with terrorism. bhakti how she stands accused of providing material support to somali militant group al-shabaab how she was stripped
i'm ready to step back in leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of the. money people in europe are sharing the same christmas wish they see here and then to the blog suffocating austerity drive and later this hour we'll take a closer look at the massive crowd size there have been raging...
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ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in europe are sharing the same christmas wish this year and then to the blocks suffocating austerity drive and later this hour we'll take a closer look at the massive protests that have been raging across europe in our special and. plus. it's a cold night so. the holiday season in the u.k. may well turn elderly when so many brits just too tempting to over indulge in the festive spirit. of these here she reported on the case of a british somali man who how he's u.k. citizenship revoked while visiting somalia following that i'm out of the house she went missing and she's going there to check on reports only to appear a month later in a new york courtroom charged with terrorism the how she stands accused of providing material support to somali militant group al-shabaab how she was stripped of his british citizen
ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in europe are sharing the same christmas wish this year and then to the blocks suffocating austerity drive and later this hour we'll take a closer look at the massive protests that have been raging across...
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however no i'm ready to step back in this lead to success quite possibly out in a year sincerely silvio berlusconi will have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're a minority list. peter all of a. royal of the holiday season in full swing the fastest most seems to be taking its toll on the british when it comes to drinking some brats just don't know when to stop and that means a serious strain on the country's emergency services actually sarah firth just wanted to venture out to meet with some of the tipsy regulars. well it's the season to be merry but for some of us perhaps a little to marry the christmas spirit once again upon us brings awareness campaigns a warning people to be careful about how much they drink over the holiday period now in the last couple of years we've seen the figures increasing so the number of alcohol related injuries and we continue in the u.k. to pay too high a price for alcohol abuse now every year is costing the n.h.s. and millions of pounds in dealing with the people who are coming three th
however no i'm ready to step back in this lead to success quite possibly out in a year sincerely silvio berlusconi will have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're a minority list. peter all of a. royal of the holiday season in full swing the fastest most seems to be taking its toll on the british when it comes to drinking some brats just don't know when to stop and that means a serious strain on the country's...
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stated that he plans to resign the news came hours after the country's former prime minister silvio berlusconi announced he is to run for office in next year's parliamentary elections on thursday all these people of freedom party withdrew it from the government and he says montes astaire policies have harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing at accusations of paying for sex with an underage prostitute something he denies. nearly two hundred countries have agreed to extend the kyoto protocol a treaty that limits the greenhouse gas out with some nations and hopes of curbing global warming the legally binding plan was approved by un delegates during climate talks in doha the summit established for the first time the rich nations should move towards reimbursing poor nations for losses due to climate change. but as well and president hugo chavez has announced he is sufferi
stated that he plans to resign the news came hours after the country's former prime minister silvio berlusconi announced he is to run for office in next year's parliamentary elections on thursday all these people of freedom party withdrew it from the government and he says montes astaire policies have harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in...
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would berlusconi actually have any chance with voters? >> the extraordinary thing is that despite his being really comprehensively discredited in the eyes of the rest of the world, a lot of italians seem prepared to fall for his charm and his promises, and he is actually on a media blitz at the moment, taking advantage of the fact that there are currently no rules since the campaign has not officially opened, restricting access to the media. so his face and words are absolutely everywhere on the television and radio and in the press, and i think he is able to appeal to italians' baser instincts, the fact that they are suffering under austerity, and that they see him as -- they associate with him a feel good spirit, although he did not actually succeed in delivering on it when he was in government. >> thank you very much for delivering on that. >> onto friday's market action. european shares gave up ground on the final trading day of the week. our correspondents and as the summary from the frankfurt stock exchange. >> hopes fading at the s
would berlusconi actually have any chance with voters? >> the extraordinary thing is that despite his being really comprehensively discredited in the eyes of the rest of the world, a lot of italians seem prepared to fall for his charm and his promises, and he is actually on a media blitz at the moment, taking advantage of the fact that there are currently no rules since the campaign has not officially opened, restricting access to the media. so his face and words are absolutely everywhere...
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berlusconi said no. that was all deutsch bank's fault. at the same time the equivalent of almost a coup detate he said. it was a big lie. that's the reason why italian interest rates rose and he had to step down for wrong reasons. >> yes. >> they must be giving a way of escape for christmas in italy. >> oh, yes, yes. it never ends over there. >> thanks, michelle. happy holidays to you. >>> we'll take a look at what is moving on this shortened day. >> going to ring the closing bell, we'll chat with him about the music business. the big debate is, is there a plan c for the whole fiscal cliff issue? never mind the pundits and the jokes. plan c doesn't stand for canada. the brief outline, the choices are getting narrow and not that hard to figure out. put up what that plan c looks like. the one on the table is still the old plan a. president obama's offer to raise taxes on the top 2%, restore the bush era tax cuts for the rest of us. yes there is talk about putting in spending cuts, raising medicare eligibility and changing the inflation meas
berlusconi said no. that was all deutsch bank's fault. at the same time the equivalent of almost a coup detate he said. it was a big lie. that's the reason why italian interest rates rose and he had to step down for wrong reasons. >> yes. >> they must be giving a way of escape for christmas in italy. >> oh, yes, yes. it never ends over there. >> thanks, michelle. happy holidays to you. >>> we'll take a look at what is moving on this shortened day. >> going...
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i'm ready to step back in leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. t's been tracing your prints of certain patterns all the year of course will remind you what we witnessed some more then later this hour. festive spirit takes on a whole new meaning for britain's police and hospital staff as christmas revellers down a few too many drinks the summer means spending the holidays in the cellar in a ward so first spread out among the party goers this year. well it's the season to be merry but for some of us perhaps a little t. merry but the christmas spirit once again upon us brings awareness campaigns a warning people to be careful about how much they drink over the holiday period now in the last couple of years we've seen the figures increasing so the number of alcohol related injuries and we continue in the u.k. to pay too high a price for alcohol abuse now every year it's costing the n.h.
i'm ready to step back in leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. t's been tracing your prints of certain patterns all the year of course will remind you what we witnessed some more then later this hour. festive spirit takes on a whole new meaning for britain's police and hospital...
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ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people here are sharing the same christmas wish this year and went to the block suffocating austerity drive and. a look at the massive protests that have been raging across europe an hour special and feature. trial. one that when the festive season gets out of hand it can only trouble for the already overstretched u.k. emergency. earlier this year r.c. reported on the case of a british somali man who has a u.k. citizenship revoked while visiting somalia and following that money he harshly went missing and as also he's going there to check our reports only to appear months later in a new york courtroom charged with terrorism. bhakti how she stands accused of providing material support to somali militant group al-shabaab how she was stripped of his british citizenship earlier this summer over accusations of his involv
ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people here are sharing the same christmas wish this year and went to the block suffocating austerity drive and. a look at the massive protests that have been raging across europe an hour special and feature. trial....
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ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in your approach sharing the same christmas wish this year and to the block suffocating austerity drive and later this hour we'll take a closer look at the massive protests that have been raging across europe in our special and of year feature. so. yeah. i'm not going i. know i'm not tonight. so when it's just it tempting to indulge in the olympic spirit it could mean a whole lot of headaches for the u.k.'s and murdered sleep. earlier this year reported on the case of a british somali man who had his u.k. citizenship revoked while visiting somalia following that marty how she went missing and she's going there to cheer counterforce only to appear months later in a new york courtroom charged with terrorism. buckbee how she stands accused of providing material support to somali militant group al-shabaab how she
ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in your approach sharing the same christmas wish this year and to the block suffocating austerity drive and later this hour we'll take a closer look at the massive protests that have been raging across europe...
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meanwhile, sylvia berlusconi promised yesterday if he's voted back in, he'll reverse some of monti's policies. >>> in tokyo, the newly elected prime minister is meeting with the head of the central bank. also, we'll head out to frankfurt where do you have ya mark may have dodged another bullet. >>> then it's over to hong kong. aig sells its remaining stake in aia and formally ends a partnership dating back 100 years. all of that straight ahead. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express ecember 22nd for christmas delivery. >>> the latest numbers out of china, in the first 11 months, foreign investments led. investment from the u.s. did pick up. . on the equity front, the shanghai composite has been powering ahead up over 9% just this month. with external factors impeding economic growth, the long-term pir r picture may not be rosy. china is the only market of the year likely to end the year in the red. how is that goin
meanwhile, sylvia berlusconi promised yesterday if he's voted back in, he'll reverse some of monti's policies. >>> in tokyo, the newly elected prime minister is meeting with the head of the central bank. also, we'll head out to frankfurt where do you have ya mark may have dodged another bullet. >>> then it's over to hong kong. aig sells its remaining stake in aia and formally ends a partnership dating back 100 years. all of that straight ahead. i always wait until the last...
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after italy's technocrat prime minister mario monti has announced he's to leave but former pm silvio berlusconi's thrown his hat into the ring too again after he withdrew his party's support for the government monti says he'll go after next year's budgets passed which could see an election no therefore in february a lot earlier than expected elsewhere the greek prime minister is trying to secure more support from germany as wealthy and conservative region of bull varia we brought that story yesterday credit has agreed with their own forty four billion euros greek attorney george katz of goalless spoke to me believe real solutions that despite all that are still a long way off. so most go to me. listen to music. it's both of which includes i'm only now in doing that and beaut there's no easy to. control it's just that you go to example you can be. fun. as a stoner. but of course it's really easy for the smoke you do so so it's a. german experience so. this simple you serious are usually more of. a cell phone for people with. more news making headlines right now a taliban assault the station in wes
after italy's technocrat prime minister mario monti has announced he's to leave but former pm silvio berlusconi's thrown his hat into the ring too again after he withdrew his party's support for the government monti says he'll go after next year's budgets passed which could see an election no therefore in february a lot earlier than expected elsewhere the greek prime minister is trying to secure more support from germany as wealthy and conservative region of bull varia we brought that story...
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italy's technocrat prime minister mario monti announced his plans to leave but the former pm silvio berlusconi's thrown his hat. to the ring as well again after he withdrew his party's support for the government but he says i'll go after next year's budget impasse which could see it election in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier credit has agreed to prop greece up with another forty four billion euro script attorney george felos believes real solutions though are still a long way off. so most cause me to stone walling says listen you soon. but unfortunately. and now and in that interview it didn't it isn't easy to go. comes from greece does that you're going to example even to be the only of the international monetary fund because according to the assets they know. but of course it's really easy for these mature to so such a policy to the german bacterias so we're going to tell you this simple are you serious as usual more of more cell phone for people with. access.
italy's technocrat prime minister mario monti announced his plans to leave but the former pm silvio berlusconi's thrown his hat. to the ring as well again after he withdrew his party's support for the government but he says i'll go after next year's budget impasse which could see it election in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier credit has agreed to prop greece up...
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of technocrats says he plans to resign the news came just hours after the country's former pm silvio berlusconi announced he's to run for office in next year's parliamentary elections one of the. people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer treatment to undergo surgery in the coming days but news comes two months after travers was elected as president in a tight vote. beijing has warned india against pursuing all exploration in the d
of technocrats says he plans to resign the news came just hours after the country's former pm silvio berlusconi announced he's to run for office in next year's parliamentary elections one of the. people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number...
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after at least technocrat prime minister mario monti announced his plans to leave former pm silvio berlusconi has thrown his hat into the ring again after he withdrew his party's support for the government monti says he'll go after next year's budget is passed which could see an election in february he said in an expected loss where the greek prime minister is trying to secure more support from journeys of wealthy conservative mention of the vajra earlier greece's creditors agreed to prop it up with another forty four billion euro greek attorney georgia country believes a real solutions are still a long way off. so most cause me to stone. this list. but unfortunately. it is not easy to go. through just that you go to example it would be. fun. but of course it's real easy for you to so. german taxpayers so. this simple are you serious usual more of more cell phone for people with. now the news making headlines this hour a taliban assault on a police station northwestern pakistan has left at least eight people dead three attackers reportedly fired rockets and grenades in a battle lasting over a
after at least technocrat prime minister mario monti announced his plans to leave former pm silvio berlusconi has thrown his hat into the ring again after he withdrew his party's support for the government monti says he'll go after next year's budget is passed which could see an election in february he said in an expected loss where the greek prime minister is trying to secure more support from journeys of wealthy conservative mention of the vajra earlier greece's creditors agreed to prop it up...
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prime minister mario monti monti announced that he was planning to leave his post but former pm silvio berlusconi's thrown his hat into the ring as well again after he withdrew his party's support for the government now monti says he'll go after next year's budget is passed which could see an election therefore in february which is it earlier than expected elsewhere meantime the greek prime minister is trying to secure more support from germany's wealthy and conservative region of bavaria we brought that she yesterday and earlier on credit has agreed to prop greece up with another forty four billion euros i suppose the greek attorney george felos see from the real solutions is spite of the i just said a long way off. so most go to me. well. listen you shouldn't do it but then of course includes. no. bute is an easy to. control just that you are going to example even to the. national military fund. but of course it's real easy for you to so such a policy. experience so. the simple you serious as usual more of. a cell phone for people with. such. according bahrain's jailed the daughter of a prominent
prime minister mario monti monti announced that he was planning to leave his post but former pm silvio berlusconi's thrown his hat into the ring as well again after he withdrew his party's support for the government now monti says he'll go after next year's budget is passed which could see an election therefore in february which is it earlier than expected elsewhere meantime the greek prime minister is trying to secure more support from germany's wealthy and conservative region of bavaria we...
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three months before the shuttle the end of his term he said he lost the backing you need after silvio berlusconi's party withdrew its parliamentary support for. four of greece's largest banks could be in line for a bailout after reporting huge losses this year together they'll need about twenty seven billion euros worth of loans to stay afloat greece has been relying on international bailout funds since twenty ten leading to tough austerity measures being forced upon the population economist dimitris you're not. the only greeks who bear the brunt of the bank's losses. the loans on which. this recapitalization of the banking sector is going to greece are coming from the troika the e.u. the i.m.f. and the e.c.b. and they are going to be repaid they are going to be part of the greek it national debt which is going to be paid by the greek taxpayer we had forty thousand small businesses closing in closing this year alone three hundred additional thousand of job losses as a total unemployment rate of twenty six percent so we have really. on the one hand austerity on the other hand bank inability to prov
three months before the shuttle the end of his term he said he lost the backing you need after silvio berlusconi's party withdrew its parliamentary support for. four of greece's largest banks could be in line for a bailout after reporting huge losses this year together they'll need about twenty seven billion euros worth of loans to stay afloat greece has been relying on international bailout funds since twenty ten leading to tough austerity measures being forced upon the population economist...
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ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're a minority list. peter all of a bird. and the christmas spirit is everywhere in britain flowing freely in the nation's pubs and restaurants but a summer training themselves to a bit too much the holiday cheer is being lost on britain's police and hospital staff sara first brings us more from the streets of newcastle. well it's the season to be merry but for some of us perhaps a little t. merry with the christmas period once again upon us during so when is campaigns a warning people to be careful about how much they drink over the holiday period now in the last couple of years we've seen the figures increasing for the number of alcohol related injuries and we continue in the u.k. to pay too high a price for alcohol abuse now every year it's costing the n.h.s. and millions of pounds in dealing with the people who are coming three the hospitals and in the b
ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're a minority list. peter all of a bird. and the christmas spirit is everywhere in britain flowing freely in the nation's pubs and restaurants but a summer training themselves to a bit too much the holiday cheer is being lost on britain's police and...
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berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted prices and that would help lower the country's debt lead. >>> in asia, stocks touched a 16-month high and closed mostly higher on the session with good gains, as you can see, with the kospi up the most, 1.5 points. >> strong nebs out of china which suggest maybe the economy
berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him...
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and some other world news and breathe this hour easily scandalous for work here and silvio berlusconi might run for office again speculation has risen after the people's freedom party dismissed its current leader as a candidate for the job with one senior official saying they'll now put a bullet scone into the race for the premier was forced out of the post last year over italy spain official hardships while in october of this year he was convicted of tykes fraud. plus floods in argentina have wreaked havoc for people in the capital with advancing waters leaving them stranded in the streets they have a rain sore some people resorting to moving around the city to encounter news turning good as arias into a latin american version of venice the authorities were also forced to close neurosis rather than metro lines. greek youths have clashed with police in athens as they took to the streets and marking the fourth anniversary of a deadly police shooting security officers had to resort to tear gas to disperse the angry mob while three people were arrested in two thousand and eight a police
and some other world news and breathe this hour easily scandalous for work here and silvio berlusconi might run for office again speculation has risen after the people's freedom party dismissed its current leader as a candidate for the job with one senior official saying they'll now put a bullet scone into the race for the premier was forced out of the post last year over italy spain official hardships while in october of this year he was convicted of tykes fraud. plus floods in argentina have...